Laos, a small neighboring country to the South of China, and sandwiched between Vietnam, Thailand, and Cambodia is preparing to reap from the losses incurred by China’s extended crypto crackdown. Bare…
Blockchain
Laos expects crypto mining to deliver these gains
One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What’s more, the landlocked country with a populat…
Sri Lankan e-commerce platform Kapruka to introduce crypto payments
Kapruka (Kapruka.com), a major e-commerce platform in Sri Lanka, has revealed its intention to start accepting payments in cryptocurrency quite soon. Kapruka’s founder and Chairman Dulith Herath made …
Sri Lanka appoints committee to implement crypto mining and blockchain
Sri Lanka joins the global crypto adoption drive after setting up a committee for exploring and implementing blockchain and crypto mining technologies. A letter shared on Oct. 8 by Sri Lanka’s directo…
Hydropower-rich Laos pushes into crypto as it authorizes mining and trading
Laos has approved the mining and trading of cryptocurrencies in a policy shift by debt-bearing Southeast Asian countries. Crackdown on digital currency mining In China. Analysts said the move was a lo…
Blockchain greases trade wheels between 7 Asia-Pacific economies
One of the lessons the coronavirus pandemic has brought into sharp relief is the need for contingency plans. Whether it’s relying too much on one country for crucial medical supplies, a sudden closure…
Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by inv…
How Myanmar could benefit from cryptocurrencies
Last week Bitcoin, the original and most prominent cryptocurrency, broke through the all-time highs of around $20,000 per coin. After crashing to just $5,200 in March, the digital currency increased b…
Blockchain set for Bangladesh aquaculture launch
ByteAlly has partnered with the USAID initiative Feed the Future – Bangladesh Aquaculture and Nutrition Activity (BANA) for the trial, which aims to implement a blockchain-based system to trace …
Government green lights blockchain amid digital drive, rolls out FPT solution in Vietnam
The Vietnam government has launched an enterprise blockchain platform developed by FPT Software, forming part of a national program for digital transformation. Under the banner of akaChain, the offeri…